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most important way is the earned income tax credit saying if you're working full time and you're only earning this much money, we, the government, give you more subsidy to reward you for working and get you to continue working. you only get it if you work until you're to the point where you aren't anymore. the problem with that is policies have to put that money aside in the budget to pay for it. it's easier to say, raise the minimum wage. melissa: doesn't have the same impact. steve, thank you for coming on. >> my pleasure. melissa: is raising the minimum wage a good or bad idea? your responses were mixed, but more think it's a bad idea than a good one. maybe you did the math with me. we want to hear from more of you. like us on facebook or follow me on twitter. okay, things could go from bad to worse for boeing. 23,000 of its engineering may go on strike, and the build 787 dreamliner debacle could be soaring. can they pull out of the financial tail spin? details next. if your kids are like my two sons, they go crazy at the very sight of this. my are watching at home. the demand for
most important way is the earned income tax credit saying if you're working full time and you're only earning this much money, we, the government, give you more subsidy to reward you for working and get you to continue working. you only get it if you work until you're to the point where you aren't anymore. the problem with that is policies have to put that money aside in the budget to pay for it. it's easier to say, raise the minimum wage. melissa: doesn't have the same impact. steve, thank you...
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it was a great number, but when you look forward, my concern is the new tax policies that are in place. and that amount of money may not be in consumers' pockets going forward. so it's been a great rally here in january. but i look for a pullback and i think we could see a 5% pullback when you look at interest rates hovering around 200 basis points, can't really pop any higher than that from a yield standpoint. i agree a correction is in the air and it is something we have to take a little pause, see where we're at and where we may go going forward. liz: yeah, i mean, we can't ignore the fact -- i want to check it because it changes moment by moment -- but the vix just at 13, straddling there? i mean alan you are looking at an energy and commodities picture over there. but when there is very little fear, and rising stocks, rising commodities, and a falling volatility index that just looks -- i mean we're showing intraday here, which is a little useless, you know, we've spread it out and you can see especially if we took a two year or one year, you can see how far we've fallen. does tha
it was a great number, but when you look forward, my concern is the new tax policies that are in place. and that amount of money may not be in consumers' pockets going forward. so it's been a great rally here in january. but i look for a pullback and i think we could see a 5% pullback when you look at interest rates hovering around 200 basis points, can't really pop any higher than that from a yield standpoint. i agree a correction is in the air and it is something we have to take a little...
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i will be pouring a lot into the tax coffers. that will make a difference in terms of people who are less skilled if we think we will have a safety net that has to be funded spirit take the immigration system off the table, a lifetime net tax rate is going up no matter what we do. for the baby boomers, that tax rate is in the neighborhood of the 20's. where now talking about a tax rate in the 70 +. you want to look the will make that possible impact in that fiscal terms. that is a crude way of talking about it, but in humanitarian immigrationen't any enforcement regime, we are doing something that is on sound. step one, acknowledged that in the immigration law that says a person, is not a bad person >> there were 13.6 million people who apply for diversity lotteries in 2010. those people were an understatement, because they were heads of households who had a spouse and kids. all but that number by two, three, four. think about the number of people without a high-school diploma. these are not bad people. step one, understand not o
i will be pouring a lot into the tax coffers. that will make a difference in terms of people who are less skilled if we think we will have a safety net that has to be funded spirit take the immigration system off the table, a lifetime net tax rate is going up no matter what we do. for the baby boomers, that tax rate is in the neighborhood of the 20's. where now talking about a tax rate in the 70 +. you want to look the will make that possible impact in that fiscal terms. that is a crude way of...
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wall street got all excited after tax records showed that a close out 2012 with more jobs being created than expected within the last few months of the year. certainly a positive sign for the economy. we're still above that mark. just 200 points away from an all-time high. we will be watching this market very closely. the s&p closing out its best january since 1997. if you're a woman chances are the guy sitting next year is getting paid more than you are. men out earned women in all 21 professions that bloomberg looked at for 2007. a man earning 62% more than their female counterparts as doctors. men may outturn women but we will know how to spend it. a lot of women know this brand. mary kay cosmetics. they're celebrating their golden anniversary. the cosmetics company revamping their website. this mobile shopping is your thing mary kay plans to debut a mobile version of the web site. thanks teal. still to come this midday. the medicine in your cabinet that's being recalled. but first, country star brett eldredge is here. he's talking with dina right now hey dina! we are so happy that y
wall street got all excited after tax records showed that a close out 2012 with more jobs being created than expected within the last few months of the year. certainly a positive sign for the economy. we're still above that mark. just 200 points away from an all-time high. we will be watching this market very closely. the s&p closing out its best january since 1997. if you're a woman chances are the guy sitting next year is getting paid more than you are. men out earned women in all 21...
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tax burden. also looking at other companies that you like besides exxon mobile, and i want to get these out. you like allstate insurance, new york mellon the bank, financial industrials tell us something you have favored. financials, first of the year find of a sudden death of the year. >> said think we're going to start to see it play out that these this financial's don't do a lot of lending and insurance companies. you know, the big banks, they have gotten ahead of themselves. i am not a big fan right now. financials, the sectors will have the best earnings growth of any sector. cheryl: we discussed all the earnings. they said a very strong. but at the same time, you get, again, bank of america. there seems to be this crazy split between good banks and bad banks from a stock perspective. >> that is one reason that makes the big banks a bit risky to invest in big is the stock prices have all run up, but if you have any consistency in the margins and the inconsistency. just the voluminous disclos
tax burden. also looking at other companies that you like besides exxon mobile, and i want to get these out. you like allstate insurance, new york mellon the bank, financial industrials tell us something you have favored. financials, first of the year find of a sudden death of the year. >> said think we're going to start to see it play out that these this financial's don't do a lot of lending and insurance companies. you know, the big banks, they have gotten ahead of themselves. i am not...
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so that they're not double taxed. another thing that both the white house agrees on, the business community agrees on, republicans agree on is corporate tax reform. lower the corporate rate, close loopholes, and there are studies that show that could add as much as a percent to gdp. all of this would help companies bring more investment back to the u.s. and invest in jobs, and the white house has not shown leadership on either. jon: it would be good to see something work. nina easton, austan goolsbee, thank you both. >> thank you. >> thank you. jenna: dangerous new concerns about al-qaeda. the terrorist group is reportedly on the hunt for new western targets. coming up, we're going to tell you who exactly they could be targeting next. >>> also a day of remembrance today. nasa paying tribute to the men and women of space exploration who made the ultimate sacrifice for our country. >> i know it's hard to understand, but sometimes painful things like this happen. it's all part of the process of exploration and discovery.
so that they're not double taxed. another thing that both the white house agrees on, the business community agrees on, republicans agree on is corporate tax reform. lower the corporate rate, close loopholes, and there are studies that show that could add as much as a percent to gdp. all of this would help companies bring more investment back to the u.s. and invest in jobs, and the white house has not shown leadership on either. jon: it would be good to see something work. nina easton, austan...
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sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. yeah, we have an economy that's still struggling despite some positive signs like higher consumer spending, higher business investment. the job market is similar. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly awaiting the government's january jobs report. analysts predict the country added jobs last month but not enough to buck the unemployment rate from its current 7.8%. >> it's been a slow process. >> latoya patrick is one of america's estimated 12 million unemployed workers. she's been looking for a job since the fall after graduating with a master's degree. >> i'm not going to lie. it's been really tough sometimes. when you're home, you feel like you feel like you know i spent all this time going to school and it's like nobody's giving you a chance. >> economists say until more people like latoya find jobs the
sluggish challenged by a steep decline in defense spending and the impact of higher social security taxes. susan mcginnis is in washington this morning. susan, good morning. >> anne-marie, good morning. yeah, we have an economy that's still struggling despite some positive signs like higher consumer spending, higher business investment. the job market is similar. we expect sluggish growth in today's report. of course, any surprises there could jolt the market. wall street is eagerly...
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tax situation we have? i guess that would be a passive, right? and probably at least acknowledging, if the democrats would acknowledge that entitlements are a problem, maybe that would help, right, even if you don't do it immediately? >> so here's the good news. good news is we're so far inside best practices for delivering fiscal policy there's lots of things that we can do to get us to a better position. republicans have to recognize you have to raise the average tax rate. democrats have to recognize the best way to do it isn't raising marginal rates and underwriting an inefficient system. >> as someone who spent last week at davos and he said that he talked to a large number of european ceos who are eager about investing in the united states because of our projected suspensionly lower energy policy because of shell of course we're going to get out of our way and saying let them do it. but that's encouraging that they can think about moving plants here now. >> absolutely. i was at davos, too, and the most
tax situation we have? i guess that would be a passive, right? and probably at least acknowledging, if the democrats would acknowledge that entitlements are a problem, maybe that would help, right, even if you don't do it immediately? >> so here's the good news. good news is we're so far inside best practices for delivering fiscal policy there's lots of things that we can do to get us to a better position. republicans have to recognize you have to raise the average tax rate. democrats...
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. she can't always move the way she wants. now you can. with stayfree ultra thins. flexible layers move with your body while thermocontrol wicks moisture away. keep moving. stayfree. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back on every purchase, every day! woo-hoo!!! so that's ten security gators, right? put them on my spark card! why settle for less? testing hot tar... great businesses deserve great rewards! [ male announcer ] the spark business card from capital one. choose unlimited rewards with 2% cash back or double miles on every purchase, every day! what's in your wallet? here's your invoice. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. she can't always move the way she wants. now you can. with stayfree ultra thins. flexible layers move with your body while thermocontrol wicks moisture away. keep moving. stayfree. sven gets great rewards for his small business! how does this thing work? oh, i like it! [ garth ] sven's small business earns 2% cash back...
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that averts a government default and puts off a clash over taxes and spending for a few months. president obama said he will sign that bill into law. >>> now to a consumer alert for parents about a big recall of children's cough and cold medicines. the makers of triaminic and theraflu warning, they're recalling 2 million packages of medicine. tamper resistant caps may be faulty posing risk of poisoning and the recall follows a dozen consumer complaints. >>> history of priest abuse allegations made public following a court order against the l.a. catholic archdiocese. 30,000 pages of files surrendered. none of the names of the leaders will be blacked out in the documents. the archdiocese agreed to release paperwork which includes personnel files of 89 priests accused of sexually abusing children. the files include the names of anyone involved in possible cover-ups. >> they knew very well. now nobody can say we don't believe you. >> this proves, this really happened. on this scale. it was that bad. and now -- these are their records. >> the church has three weeks to release the doc
that averts a government default and puts off a clash over taxes and spending for a few months. president obama said he will sign that bill into law. >>> now to a consumer alert for parents about a big recall of children's cough and cold medicines. the makers of triaminic and theraflu warning, they're recalling 2 million packages of medicine. tamper resistant caps may be faulty posing risk of poisoning and the recall follows a dozen consumer complaints. >>> history of priest...
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ [ cheers and applause ] >> jimmy: our next guest is a talented actress and performer who stars in the nbc hit show, "smash," which kicks off its second season with a two-hour premiere tuesday at 9:00 p.m. here on nbc. please welcome megan hilty! ♪ [ cheers and applause ] >> jimmy: welcome to the show. you look gorgeous. >> thank you. >> jimmy: thank you for coming on the show. >> thanks for having me. >> jimmy: i'm a big fan of yours. congrats on "smash." >> thank you. >> jimmy: what if "smash" wasn't a smash? >> i don't know. then, we'd have to change the title. >> jimmy: exactly. but, did you always want to do musical theater? did you grow up just saying "i'm a singer?" >> you know, i wanted to be a singer always. i initially wanted to be an opera singer. >> jimmy: really? >> and did what all normal teenagers do and went to opera camp. >>
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ [ cheers and applause ] >> jimmy: our next guest is a talented actress and performer who stars in the nbc hit show, "smash," which kicks off its second season with a two-hour premiere tuesday at 9:00 p.m. here on nbc. please welcome megan hilty! ♪ [ cheers and applause ] >> jimmy: welcome to...
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a government investigation find s that the tsa is spending millions of tax dollars on dogs that can't detect explosives. dog teams were secretly followed for a year and failed to find bombs in passenger terminals. the report says the dogs are simply not being trained properly. >>> senate armed services committee could vote on the nomination of chuck hagel to be the next defense secretary. hagel faced off against some former republican senate colleagues yesterday in a bruising confirmation hearing. the sharpest exchange against senator john mccain who criticized hagel's opposition to the troop surge in iraq. and hagel apologized for using the term the jewish lobby in the past. >> i have already said i regret referencing the jewish lobby. i should have said pro israel. i think it is the only time on the record that i have ever said that. >> a republican plan to vote against him. he has backing among many democrats. >>> blinding snow blamed for a deadly pileup on a michigan highway. the mile long stretch of crashes involving 30 trucks and cars. three people were killed including two chil
a government investigation find s that the tsa is spending millions of tax dollars on dogs that can't detect explosives. dog teams were secretly followed for a year and failed to find bombs in passenger terminals. the report says the dogs are simply not being trained properly. >>> senate armed services committee could vote on the nomination of chuck hagel to be the next defense secretary. hagel faced off against some former republican senate colleagues yesterday in a bruising...
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period. ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> lance armstrong is despicable slug not because he injected drugs or did doping to improve performance, i don't care but i hate lance armstrong because he cheated and a threat and people if they told the truth. he is a liar and ee but the drugs? so what. i don't care why aid they are not legal my opinion is minorities. >> should the government investigate steroids? >> yes. >> everyone should be drug tested. >> it is harmful. >> the government has to take a stand to show there is no cheating in anything. john: for the future of our nation government must take a stand? nick gillespie agrees but if the athlete dopes he is cheating. >> he is a liar and a lovely but it is categorically wrong to focus on performance-enhancing drugs the only way to gain the unfair competitive edge over colleagues. and '50s and '60s there innovative trading regimes tha
period. ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> lance armstrong is despicable slug not because he injected drugs or did doping to improve performance, i don't care but i hate lance armstrong because he cheated and a threat and people if they told the truth. he is a liar and ee but the drugs? so what. i don't care why aid they are not legal my opinion...
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. just begin with america's favorite soups. bring out chicken broccoli alfredo. or best-ever meatloaf. go to campbellskitchen.com for recipes, plus a valuable coupon. campbell's. it's amazing what soup can do. [ male announcer ] make your escape... twice as rewarding. earn double points or double miles on all your hotel stays through march thirty first. sign up now at hiltondouble.com. ♪ and the home of the brave ♪ the brave >> well, that was the real thing. beyonce today singing the national anthem at there are more than 100 million viewers. welcome to my new colleague, rachel nichols. rachel is live at the superdom
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. but they haven't experienced extra strength bayer advanced aspirin. in fact, in a recent survey, 95% of people who tried it agreed that it relieved their headache fast. visit fastreliefchallenge.com today for a special trial offer. just begin with america's favorite soups. bring out chicken broccoli alfredo. or...
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain, stiffness, and stop joint damage. enbrel may lower your ability to fight infections. serious, sometimes fatal events including infections, tuberculosis, lymphoma, other cancers, nervous system and blood disorders, and allergic reactions have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region you should not start enbrel if you have an infection like the flu tell your doctor if you're prone to infections, haveuts or sores, have had hepatitis b, have been treated for heart failure, or
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i've been fortunate to win on golf's biggest stages. but when joint pain and stiffness from psoriatic arthritis hit, even the smallest things became difficult. i finally understood what serious joint pain is like. i talked to my rheumatologist and he prescribed enbrel. enbrel can help relieve pain,...
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taxes. tom: i lived in california a long time, i'm very familiar with prop 13, and everyone has been blaming prop train since it prop 13, it is not tax limitation that has kept seniors from being taxed out of their homes but the spending has been far more than revenues, it is a spending problem that we keep repeating in washington, they have it in sacramento. >> and aggravating the problem, it is a progressive tax system, if you earn more than $50,000, you pay 9.3% of your income in taxes, and more than a million a double down on the sim system, u pay 33%, the highest. tom: they know that people can't or won't pick up and leave. we're funny creatures, i think they knowb that about us, people don't go anywhere. >> well, that is true, however, that only to an e an extent, california has great weather, but if you can't afford it, and there are no jobs, a hundred thousand people are leaving each year. tom: and next door is nevada with a zero income tax that helps, but it does not have an ocean,
taxes. tom: i lived in california a long time, i'm very familiar with prop 13, and everyone has been blaming prop train since it prop 13, it is not tax limitation that has kept seniors from being taxed out of their homes but the spending has been far more than revenues, it is a spending problem that we keep repeating in washington, they have it in sacramento. >> and aggravating the problem, it is a progressive tax system, if you earn more than $50,000, you pay 9.3% of your income in...
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive system. try the #1 gastroenterologist recommended probiotic. align. >>> welcome back to the second half of "outfront." we start with stories we care about, where we focus on reporting from the front lines. and tonight we go to mexico city, where mexico's interior minister says that 14 people have died and another 80 have been injured after an explosion at the offices of mexico's state-run pemex oil company. those numbers, obviously, are not final. the story is still developing and authorities tell our affiliate foro-tv that at least 30 people are trapped in the building after the blas
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ ooh baby, can i do for you today? ♪ [ female announcer ] need help keeping your digestive balance? align can help. only align has bifantis, a patented probiotic that naturally helps maintain your digestive balance. try align to help retain a balanced digestive system. try the #1 gastroenterologist recommended...
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority mail. certified. international. and the mail man picks it up. i don't leave the shop anymore. [ male announcer ] get a 4 week trial plus $100 in extras including postage and a digital scale. go to stamps.com/tv and never go to the post office again. >>> it is time. it is time for the "lightning round" on cramer's "mad money." i tell you whether to buy or sell. when you hear that sound, the "lightning round" will be over. are you ready? it's time for the "lightning round" on cramer's "mad money." let's go to marco in florida. marco. >> caller: boo-yah!
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. i don't have to leave my desk and get up and go to the post office anymore. [ male announcer ] with stamps.com you can print real u.s. postage for all your letters and packages. i have exactly the amount of postage i need, the instant i need it. can you print only stamps? no... first class. priority...
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science. it's just common sense. from td ameritrade. so we created the extraordinarily comfortable sleep number experience. a collection of innovations designed around a bed with dualair technology that allows you to adjust to the support your body needs - each of your bodies. our sleep professionals will help you find your sleep number setting. exclusively at a sleep number store. sleep number. comfort individualized. queen mattresses start at just $699. and save $500 on our special edition bed set. now at the sleep number white sale. i'm up next, but now i'
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ babies crying ] surprise -- your house was built on an ancient burial ground. [ ghosts moaning ] surprise -- your car needs a new transmission. [ coyote howls ] how about no more surprises? now you can get all the online trading tools you need without any surprise fees. ♪ it's not rocket science....
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these are all the taxes on the regulation, complete us. if you do all these things come you don't have to worry about us, the state anymore. when i got into office, i never was able to do that. but still, simplicity is pretty big here. we've seen a think that the law passed a few years ago has taught us in games about the value of the default position about autoenrollment, automatic escalation henry no financial literacy is not a high level among a lot of of us, even if we spend a lot of time, these things can get confusing. we don't want to take anyone's freedom away to make his or her own decision about this. automatic enrollment, or automatic changes are default position said that her reflect the reality of an individual may be one promising further separate to take a new senior advice about what they should be as once said. it was this simple form because that's what i'm thinking. i wonder what happened if i invited to to write a fluorescent admitted to us. let's say you're about to go into business. dr. madrian compasses that she what
these are all the taxes on the regulation, complete us. if you do all these things come you don't have to worry about us, the state anymore. when i got into office, i never was able to do that. but still, simplicity is pretty big here. we've seen a think that the law passed a few years ago has taught us in games about the value of the default position about autoenrollment, automatic escalation henry no financial literacy is not a high level among a lot of of us, even if we spend a lot of time,...
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back to the "a-t officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, but it fits in your pocket. now tell the world daniel... of pepto-bismol to-go. lori: majority of americans see federal government as a threat to their freedom, according to pew research, 63% said that government is a threat, and 43% do not believe that, this is a reversal from a decade ago. back with the a-team, monica crowley, michael murphy and sherri wha jack kobe is, let's k about jobs council shuttered by the president, what is the message that obama administration is sending about creating jobs. >> to me? >> yeah for you, sherri. >> qui
back to the "a-t officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ many hot dogs are within you. try pepto-bismol...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent. this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are thus taxed on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota which had no state income taxes the poor are paying tax rates six times higher than the top one percent this disparity has a lot to do is states moving away from progressive income taxes and towards sales taxes which are regressive since working people spend one hundred percent of their income and are those tax on one hundred percent of their income the billionaires on the other hand can't possibly spend all their income no matter what so they're taxed on only part of the ring conservatives want you to believe that half the nation doesn't pay taxes and that half of the nation is called takers b
which examines state local property and sales taxes and if you're going to look at taxes let's look at all the taxes right around the nation according to the results the poorest twenty percent of americans pay an effective tax rate of eleven point one percent middle twenty percent pay nine point four percent guess how much the top one percent pay just a measly five point six percent half the rate that the poor pay in some states around the nation like washington texas florida and south dakota...
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Feb 1, 2013
02/13
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and they start off with the 6.2% social security, medicare taxes. they have a menu labeling men date that is another $1,000 per restaurant. for each $1 increase in the minimum wage mandate that's nearly $25,000 per year. they have paid sick leave mandates, and i'm not litigating any issue. if you're operating a business, those are mandates you start out paying. and we have to be careful about thinking about new ones. then there's the health care mandates that are coming that are coming on. again, not for re-litigate them. if i were the owner of the twenty fast food restaurants, they tell me that they offer health care to their 542 employees, but only 34 take it. .. marmite to spend on saving for retirement, we need to be very careful about any new pastor mande on existing businesses. or in a case of health care the come at the same restaurants are reducing the number of employees they have been a number of full-time employees, people who work with than 30 hours of make as much money, therefore they may not have as much to retire. my point is number
and they start off with the 6.2% social security, medicare taxes. they have a menu labeling men date that is another $1,000 per restaurant. for each $1 increase in the minimum wage mandate that's nearly $25,000 per year. they have paid sick leave mandates, and i'm not litigating any issue. if you're operating a business, those are mandates you start out paying. and we have to be careful about thinking about new ones. then there's the health care mandates that are coming that are coming on....
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rates in order to broaden the overall tax base. the council's last official meeting one and one year ago. unemployment has dropped from more than 9 percent of the council's inception to the current rate of 78%, but more than 23 million americans remain of work or are stuck in part-time jobs , wanted full-time work for. meantime, we learned initial jobless claims rose to 360,000 last week, an unexpected jump of over 38,000 from the prior week's four year low. the obama economy seems stuck in neutral. recoveries fragile. yesterday the drop in gdp. tomorrow's january unemployment report expected to remain. critics said the president has not remained lazar focused on creating jobs, and the dissolution of the jobs council is just the latest example of that. fox news senior white house correspondent with our report. >> more than one year after his last meeting with the group, president obama is now reviewing the charter for is jobs council. the unemployment rate is falling a little more than a percentage point as the council's first meet
rates in order to broaden the overall tax base. the council's last official meeting one and one year ago. unemployment has dropped from more than 9 percent of the council's inception to the current rate of 78%, but more than 23 million americans remain of work or are stuck in part-time jobs , wanted full-time work for. meantime, we learned initial jobless claims rose to 360,000 last week, an unexpected jump of over 38,000 from the prior week's four year low. the obama economy seems stuck in...
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Jan 31, 2013
01/13
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WBAL
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income tax nbc's kevin tibbles starts us off from there tonight. good evening. >> brian, 2013 is barely a month old and already 42 murders in the city of chicago. the latest has galvanized this city into taking action. >> no one gets a pass. >> reporter: today, chicago city officials went on the offensive. taking aim at gun violence by calling for background checks on gun buyers. >> loss of any child, in any community, in this city, is a loss to the entire city. >> reporter: moving 200 more officers from behind their desks to the streets. >> if i have to put a policeman here, 24 hours a day, 7 days a week, 365, we're going to make a point that this territory belongs to the community. >> i'm hadiya, year 2015. >> reporter: the victims have names and families. 15-year-old honor student, hadiya pendelton, has become the latest face of violence in this city. in sixth grade, she took part in an anti gang video. >> your job is to say no to gangs and yes to a great future. >> reporter: despite by laws that prohibit gunshots within city limits, more than a
income tax nbc's kevin tibbles starts us off from there tonight. good evening. >> brian, 2013 is barely a month old and already 42 murders in the city of chicago. the latest has galvanized this city into taking action. >> no one gets a pass. >> reporter: today, chicago city officials went on the offensive. taking aim at gun violence by calling for background checks on gun buyers. >> loss of any child, in any community, in this city, is a loss to the entire city. >>...
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Jan 31, 2013
01/13
by
FBC
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eye 83
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everybody's taxes went up. at beginning of the year 77% of the pop saw their taxes go up when you say now we need to put the revenue piece on the table i think that is what bates republicans. hey, they feel like we did that and president came back and said guess what, that is just the beginning. we took your lunch. now we'll steal your backpack. >> the question is, increase the rates on top 1% of the population. we didn't do anything about reforming the system. small businesses can get started. you can figure out our own taxes at home. we could lower rates, get rid of ap lot of loopholes out there. make legitimate money off this and put america in a much better competitive position globally. melissa: hey, i love that idea but is anyone talking about that anymore? i haven't heard real tax reform lowering the rate, broading the base, closing loop roles -- loopholes. you're the first one mention that in a little while. >> speaker boehner, talked about that and even the president talked about that for a little whil
everybody's taxes went up. at beginning of the year 77% of the pop saw their taxes go up when you say now we need to put the revenue piece on the table i think that is what bates republicans. hey, they feel like we did that and president came back and said guess what, that is just the beginning. we took your lunch. now we'll steal your backpack. >> the question is, increase the rates on top 1% of the population. we didn't do anything about reforming the system. small businesses can get...
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Feb 1, 2013
02/13
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CSPAN
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people who should be paying taxes are living in the shadows. we need to make them fully contributing members for our society. our economy is denied the contribution of people who want to work hard and be productive members of the society. this has lingered unresolved for far too long. it is time to get it done, move on, and fixing our broken immigration system, and no one disagrees with that, is urgent. i support the efforts of this bipartisan group of senators. people always looking for acts of bipartisanship in this body. take a look at this. this is work that is exemplary and i commend each of them. it is an urgent priority. our nation needs a common-sense solution in a tough and smart path to citizenship for the estimated 10 million citizens in our country who are undocumented. i have been advocating these principles for years. i am pleased the bipartisan framework meets that criteria. i am encouraged to see progress and they are finding common ground. president obama has made immigration reform a top priority. it is my top priority. i am c
people who should be paying taxes are living in the shadows. we need to make them fully contributing members for our society. our economy is denied the contribution of people who want to work hard and be productive members of the society. this has lingered unresolved for far too long. it is time to get it done, move on, and fixing our broken immigration system, and no one disagrees with that, is urgent. i support the efforts of this bipartisan group of senators. people always looking for acts...
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Jan 31, 2013
01/13
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CNNW
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officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn. >>> let's get some more on this hour's breaking news. an explosion in mexico city, that happened in the high-rise tower where mexico's state-run oil company, pemex, has offices. >> televisa, a cnn affiliate, is reporting five people are dead and 75 were injured in the pemex blast. televisa also says at least 30 people are trapped. so clearly, a continuing situation. this is information comes from mexico city's district governor. another cnn affiliate also says people have been trapped in the building's basement, basement because of the blast. a developing s
officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. we don't let frequent heartburn come between us and what we love. so if you're one of them people who gets heartburn and then treats day after day... block the acid with prilosec otc and don't get heartburn in the first place! [ male announcer ] one pill each morning. 24 hours. zero heartburn....
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Jan 31, 2013
01/13
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the gdp, the fourth-quarter, i think all of that talk about sequestration in what could happen with taxes what would happen with the debt limit, i think what we really have to be concerned about my feeling is he really have to take care of the spending issue. we don't have a revenue problem, we have a spending problem in government and you can continue to raise the debt limit. liz: i have to push you on this, but when government cut spending in the most recent gdp report we reverted and everybody said then that country is not growing and we are not doing well. will we cut government spending there? >> think about where some of the government spending or concern about where government spending was. look at the reports from the defense contractors. i think the government was already signaling to them they were holding off. they stop spending and there is a trickle-down effect. but it's on is one spot to takey suddenly and that was drastic. i'm talking bout given with the longer-term issues of entitlements and all the other spending. liz: congratulations on your retirement as we look toward
the gdp, the fourth-quarter, i think all of that talk about sequestration in what could happen with taxes what would happen with the debt limit, i think what we really have to be concerned about my feeling is he really have to take care of the spending issue. we don't have a revenue problem, we have a spending problem in government and you can continue to raise the debt limit. liz: i have to push you on this, but when government cut spending in the most recent gdp report we reverted and...
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Jan 31, 2013
01/13
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FBC
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i think the increased spending and increased taxing approach to our fiscal crisis is wrong. we need to focus on the fact that the problem is in the spending and we need to deal with the entire budget and everything needs to be on the table including medicare, medicaid and the entitlement programs as well as revenue. i am sure you know i am a strong advocate for broadbased program something similar to what the bowles-simpson commission put out but i want to see a commission to a pro-growth agenda too, the kind of reform of our tax code that will make it so we don't have the most unfair, complex, expensive to comply with and anti-competitive tax code we could conceivably come up with. those reforms are what i'm looking for in terms of the leadership of the treasury. rich: thanks for joining us. we will be with you every step of the way on all these important issues. dennis: thank you, peter barnes and senator mike crapo. cheryl: from washington to new york the dow continues to not get close to the 14,000 mark. the dow and the s&p seems to be hitting tough technical levels, una
i think the increased spending and increased taxing approach to our fiscal crisis is wrong. we need to focus on the fact that the problem is in the spending and we need to deal with the entire budget and everything needs to be on the table including medicare, medicaid and the entitlement programs as well as revenue. i am sure you know i am a strong advocate for broadbased program something similar to what the bowles-simpson commission put out but i want to see a commission to a pro-growth...
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695
Jan 31, 2013
01/13
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KGO
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we know and we understand... tax laws, tax theories. this is my dream job. this is my favorite thing in the world to do. i've done 25,000 tax returns. you might say i've had some experience. i will back you up. bring it on. body washes with paper that reacts like skin. if others can strip this paper, imagine how harsh they can be to your skin. oh my gosh. [ female announcer ] dove is different. its new breakthrough formula changes everything. new dove. this is care. you're always on, so we're always ready. tyson grilled & ready chicken. made with all white meat, 98% fat free, and fully cooked. we'll take care of dinner, you take care of everything else. to say get well to your loved ones. this came for you, mommy. [ female announcer ] but when you send a kleenex® care pack, complete with america's softest tissue, you're also giving a warm gesture of care. kleenex®. america's softest tissue. and i'm really happy that you're in my life, too. it's just like yours, mom! [ jane ] behind every open heart is a story. tell yours with my open hearts collection at k
we know and we understand... tax laws, tax theories. this is my dream job. this is my favorite thing in the world to do. i've done 25,000 tax returns. you might say i've had some experience. i will back you up. bring it on. body washes with paper that reacts like skin. if others can strip this paper, imagine how harsh they can be to your skin. oh my gosh. [ female announcer ] dove is different. its new breakthrough formula changes everything. new dove. this is care. you're always on, so we're...
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Jan 31, 2013
01/13
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KRON
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it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >> we're back. mac world 2013 opus a day at the mo scone center in san francisco appeared with a little bit of star power. action kutcher will be giving the keynote address, he will talk about what is like to play steve jobs in the upcoming movie jobs. the conference runs through sunday. >> i am more rigid and meeting mia kunis. >> modest gains for the dow up 20. spirit to london and 60 points below all-time high of 14,00198. this was in october 2007. in early 2009 the dow was down to 6469 to date modest gains. . >>7:09. we will be back with more in a couple man's this three days until the superbowl. >> taking a live look at what a creek traffic looks ok in concord. 38 degrees. mid-60s for the highs. 64 for concord. [ malema announnncer ]er everyderay tho tandsanf pef e le are choochsing angil®i. my nam ne is tisaho oand i'd m a fia guy g it'sit a lab l of ove. ve's a't otof lofor aor
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >> we're back. mac world 2013 opus a day at the mo scone center in san francisco appeared with a little bit of star power. action kutcher will be giving the keynote address, he will talk about what is like to play steve jobs in the upcoming movie jobs. the conference runs through...
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Jan 31, 2013
01/13
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FBC
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it has dramatically raised taxes and it still cannot pay. the big failure is with pension reform. the unions have blocked it insisting that all the promises made in the past must be paid in full. now, they try to borrow and they can't. at least not at an affordable interest rate. so they are stuck. they are in crisis. we've said many times on this program that what illinois really wants, what it says -- really looking for it is an obama bailout. they want a pay off for voting heavily for the president's reelection. will they get it? more importantly are you in texas, new jersey and all over the country, are you prepared to give them your money? stuart: let's get right at it. illinois at a stand still. they can't borrow money. it is a crisis. wgn radio host is our person in illinois and she joins us now. yesterday they were trying to issue a bond, trying to raise 500 million dollars. they had to cancel it because the interest they would have to pay would just -- they couldn't afford it. are they now at a stand still unable to pay bills and they can't borrow? >> well, stuart, you kn
it has dramatically raised taxes and it still cannot pay. the big failure is with pension reform. the unions have blocked it insisting that all the promises made in the past must be paid in full. now, they try to borrow and they can't. at least not at an affordable interest rate. so they are stuck. they are in crisis. we've said many times on this program that what illinois really wants, what it says -- really looking for it is an obama bailout. they want a pay off for voting heavily for the...
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Jan 31, 2013
01/13
by
CNNW
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zero fat. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ male announcer ] engine light on? come to meineke now for a free code scan read and you'll say...my money. my choice. my meineke. house will end its jobs council today. in a statement, the obama administration says in part, quote, the jobs council has always intended to have a two-year charter. its charter expires today. that group back in 2011 was chaired by jeff gimholt and comes one day after the latest jobs report comes out tomorrow. we'll see if it's a mistake or not. >>> talking about mistakes, even if -- even if it's a mistake, it's my mistake. i'd just rather live my truth and take the backlash. those are the words of superstar sing rihanna who in an interview with "rolling stone" confirms what many people have long suspected that she is indeed back with her former boyfriend chris brown. the two appeared publicly last month at a lakers
zero fat. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ male announcer ] engine light on? come to meineke now for a free code scan read and you'll say...my money. my choice. my meineke. house will end its jobs council today. in a statement, the obama administration says in part, quote, the jobs council has always intended to have a two-year charter. its charter...